The federal government has issued a fresh update on Nigeria’s minimum wage amid growing concerns over workers’ salaries and calls for new wage negotiations.
The naira appreciated against the dollar, pound and euro at the official market on Thursday, while the parallel-market exchange rate remained stable at N1,358/$1.
The value of Nigerian currency has improved in the unofficial market ahead of the Central Bank of Nigeria's 2-day monetary policy committee meeting.
The managing director of the NDIC, Bello Hassan, said the company has secured an order from the Federal High Court to wind up several banks, eliciting reactions.
Nigeria's foreign currency (forex) reserves rose to $32.64 billion over the weekend, a $195.01 million rise that suggests greater market liquidity.
ABCON is planning to introduce a digital currency market to enhance the naira's performance and meet Nigerians' strong demand for digital currencies.
A federal high court has now cleared the Central Bank of Nigeria directive to banks and other financial institutions to demand customers social media handles.
The Small Medium Enterprises Development Agency of Nigeria (SMEDAN) has said the hurdles surrounding the N5 billion single-digit loan have been removed.
Unscrupulous PoS operators have now resorted to using PoS machines to defraud unsuspecting customers, leading to an increase in fraudulent activities.
The federal government has launched a new online portal for Nigerian students to apply for loans, with some categories of students excluded from applying.
The Securities and Exchange Commission has been asked to provide guidance and support to the BDCs to bring the peer-to-peer currency market in Nigeria into harmony.
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